Derek Mitchell

Derek Mitchell News

The U.S. government nominated Derek Mitchell, the state department special envoy to Myanmar, as the first U.S. ambassador to the country since 1990, the Financial Times reported, without saying where it got information.

U.K. stocks fell for a second day as Associated British Foods Plc headed for its biggest decline since May and investors weighed escalating tension between the U.S. and Russia over the future of Ukraine.

Leaders of the 10-member Association of Southeast Asian Nations agreed that Myanmar will chair the group in 2014, a move they say will provide further momentum for reform in the former military dictatorship.

The Pakistan Air Force today received its first three of 18 Lockheed Martin Corp. F-16s that the U.S. hopes will give the Afghan neighbor nation a crucial edge against Taliban and al-Qaeda fighters in its northwest.

Myanmar’s government granted legal status to Aung Sang Suu Kyi’s political party in a further sign of reforms before planned by-elections in which the democracy advocate will run for parliament for the first time.